205 - 25 Neighbourhood Lane

Queensway, Toronto

205 - 25 Neighbourhood Lane, Queensway, Toronto

$499,900


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $833.17


About this Condo

in Queensway, Toronto

PRICE INCLUDES 2 PARKING SPACES AND 2 LOCKER UNITS. Welcome to the desirable "Queensview - Backyard Condos. Enjoy the sleek look of laminate floors and the durability of Caesar stone countertops in the chef's kitchen, equipped with stainless steel appliances, valance lighting, and a beautiful backsplash, both functional and aesthetically pleasing. The generous den offers flexibility for a home office, studio, or additional lounge space. Residents enjoy access to an array of premium amenities, including a cutting-edge fitness centre, kids play room, full-time concierge,pet spa and 24-hour security. A true blend of contemporary comfort and urban convenience in one of the city's most desirable communities. Total Living Space Is 650 Sq.Ft (589 Sq.Ft. Indoor + 61 Sq.Ft. Balcony). Vendor to consider providing a first mortgage for up to 3 years, fully open, at 3.95% interest on an interest only basis, or 25 year amortization period, at the purchasers choosing.

Listed by RE/MAX REALTRON REALTY INC..


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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